BILL GROSS & JOHN BUTLER & MARC FABER: Countdown To The Collapse Begins!! The Higher It Goes, The Bigger The Crash.

Thursday, January 31, 2013
By Paul Martin
January 31st, 2013

Gross Says Credit-Based Markets Running Out of Energy. The Countdown Begins…

bloomberg: Bill Gross, manager of the world’s biggest bond fund, said investors are increasingly at risk as global financial markets run out of energy and time.

“The countdown begins when investable assets pose too much risk for too little return,” Gross wrote in his monthly investment outlook posted on Newport Beach, California-based Pacific Investment Management Co.’s website today.

JOHN BUTLER: The Countdown Has Begun

On multiple fronts there appears to have been a resumption of hostilities in the global currency wars. A subtle indication of this is the recently released report, Gold, the Renminbi and the Multi-Currency Reserve System, which I believe is highly significant for two reasons: First, it demonstrates that major global actors are now keenly aware and frightened of the possibility of a major breakdown in international monetary relations. Second, it suggests that these same actors are trying to contain the growing demand for gold as an alternative reserve asset and pre-empt an uncontrolled gold remonetization. These efforts will fail. A collapse of the current, unstable global monetary equilibrium is inevitable. Recent events indicate that the countdown has begun.

Breaking the Cease-Fire

The Rest…HERE

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